- Click Pay Types > New Deduction or
Click Pay Types from the Side Bar, Navigate to Pay Type, click on the drop-down menu and change to Deduction then click New. - In Description, enter Loan Repayment.
- In Deducted by, select Per Lump Sum
- Leave Amount ( $ or % ) empty.
- Select Variable Deduction Amounts from Employees
- Leave STP Code as Not Set
- Select FBT.
- Select Factor of 1.8868: Benefit provider is not entitled to claim GST credits
- Select Type.of Loan
- Click Save then Exit.
Revision:
2
Last modified:
Jan 06, 2023